Investopedia explains 'Tokyo Stock Exchange - TSE'
At the peak of the Japanese asset price bubble in December, 1989, when the Nikkei 225 index reached a record high of 38,957, the Tokyo Stock Exchange accounted for a staggering 60% of global stock market capitalization. The TSE's combined market capitalization shrank dramatically over the next two decades, as the Japanese economy struggled with a recessionary environment and the Nikkei plunged in value.
The acronym TSE for the Tokyo Stock Exchange should not be confused with Canada's Toronto Stock Exchange, which is known by the acronym TSX.
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